Bachelor of Economics

Program Overview

The Bachelor of Economics at UNSW explores human behavior and decision-making, examining the impact of incentives and constraints on economic and societal outcomes. Students customize their degree with economics majors, business electives, and general education courses. Graduates are highly sought after in policymaking, private sector, non-profit organizations, and research.

Program Outline

Degree Overview:

The Bachelor of Economics at UNSW delves into the intriguing realm of human behavior and decision-making, with a focus on the impact of incentives, resource constraints, laws, customs, and institutions on economic and societal outcomes. Students will explore how the decisions of individuals and institutions interact, shaping the destinies of economies and societies.

Outline:

The Bachelor of Economics is a three-year program offering a comprehensive curriculum that encompasses:

• Economics Core Courses: These courses provide a solid foundation in economic principles, theories, and methodologies.
• Introductory Business Courses: Students gain a foundational understanding of business concepts, equipping them with a broader perspective.
• Economics Elective Courses or Optional Economics Major: Students have the flexibility to customize their degree by selecting specialized courses or pursuing one of three Economics majors:
• Data Analytics and Econometrics
• Economic Policy and Society
• Macroeconomics and Financial Markets
• Business Electives or Optional Commerce Major or Minor: Students can further tailor their studies by choosing from a range of business electives or opt for a Commerce major or minor to enhance their knowledge and skills in specific areas.
• General Education Courses: These courses broaden students' perspectives and knowledge base by exploring topics outside of economics and business.

Assessment:

Assessment methods in the Bachelor of Economics vary depending on the specific courses and modules. Common assessment formats include:

• Examinations: Both in-class and final exams assess students' understanding of course material and their ability to apply economic principles.
• Assignments: Written assignments, case studies, and projects allow students to demonstrate their analytical, research, and problem-solving skills.
• Presentations: Students may be required to present their findings or participate in group discussions, fostering their communication and teamwork abilities.
• Class Participation: Active participation in lectures, tutorials, and seminars is often taken into account for assessment.

Teaching:

The Bachelor of Economics is taught by a team of experienced and renowned faculty members who are experts in their respective fields. Teaching methods are designed to engage students and foster critical thinking, problem-solving, and analytical skills.

• Lectures: Lectures provide foundational knowledge and introduce key concepts, theories, and methodologies.
• Tutorials: Smaller group tutorials offer opportunities for in-depth discussions, case studies, and problem-solving exercises.
• Seminars: Seminars encourage student-led discussions, presentations, and debates, fostering critical analysis and communication skills.

Careers:

Graduates of the Bachelor of Economics are highly sought after by a wide range of employers, including:

• Policymakers: Governments and international organizations value the analytical and problem-solving skills of economics graduates for policy development and implementation.
• Private Sector: Financial institutions, consulting firms, and corporations seek economists for their expertise in understanding market trends, analyzing data, and advising on business decisions.
• Non-Profit Organizations: Economics graduates contribute their knowledge and skills to organizations working on social and environmental issues.
• Research: Graduates can pursue further studies in economics or related fields, contributing to the advancement of knowledge and understanding.